179 Aubrey Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1912 home in Wolseley with 1,432 sqft of living space on a 3,010 sqft lot. The assessed value is $268,000.

What stands out: The living area is above average for Aubrey Street (top 25%) and sits right around the citywide average. The lot size is typical for the street and neighbourhood, but well below the city average—which is expected for an older, established area like Wolseley. The assessed value is below average at every level: street, neighbourhood, and city. That matters less for market price than property tax calculations, but it does suggest the home hasn't been recently upgraded or expanded.

Where the appeal lies: Buyers here aren't paying a premium. The assessed value runs about 16% below the street average and 31% below the city average. For someone who values an older neighbourhood with mature trees, walkability, and character homes—but doesn't need a large lot or a renovated interior—this could be a practical entry point into a desirable part of the city. The age (1912) puts it among the older homes in Wolseley and far older than most of Winnipeg. That comes with quirks, maintenance history, and possibly original details that some buyers love and others avoid.

Who it suits: First-time buyers looking for a modest footprint in a central neighbourhood. Renovators who aren't afraid of an older shell. Buyers who'd rather compromise on lot size and finishings than on location. Less suited for families wanting a big yard or someone looking for move-in-ready modern finishes at this price point.

Frequently Asked Questions

1. How does the assessed value relate to the asking price or market value?
Assessed value is a municipal estimate for property tax purposes, not a market appraisal. It typically lags behind market conditions. The $268,000 assessment being below average on the street doesn't automatically mean the home is a deal—it could reflect an outdated interior, an unrenovated kitchen, or simply a conservative city valuation. Always compare to recent sale prices of similar homes nearby.

2. What does a 1912 home mean for maintenance and inspections?
Homes of this era often have original foundations (fieldstone or rubble), plaster walls, knob-and-tube wiring that may or may not have been updated, and possible lead paint or asbestos in older materials. Buyers should budget for a thorough home inspection, especially of the electrical, plumbing, and structural systems. The age also means sound construction in many cases—but that doesn't guarantee low upkeep.

3. Is the lot size a limitation?
3,010 sqft is small by city standards (the average Winnipeg lot is more than double that), but it's typical for Wolseley. You're not getting a large backyard or room for major additions. For a couple or small family, it's manageable. For anyone wanting a garden, garage, or side driveway, it's tight.

4. How does this home compare to others currently on the market in Wolseley?
That depends on the specific listings at any given time, but generally, Wolseley homes with larger lots or recent renovations list higher. This home's below-average assessed value and older construction suggest it could be one of the more affordable options in the neighbourhood—especially if the interior needs work. Checking the neighbourhood map link in the original listing would show side-by-side comparisons with active listings.

5. What are the biggest surprises about this property?
The assessed value being below average despite the living area being above average on the street. That's an unusual split and hints at deferred maintenance or an unmodernized interior. Also worth noting: the living area is slightly below the Wolseley average, but the lot size is right in line with the street—meaning neighbours aren't on dramatically different-sized plots. The mix of "above average" for living area on the street and "around average" for the neighbourhood is worth looking into. A few homes nearby might have been expanded or replaced.